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the cut in tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. we're going to get to that. >> lowering tax rates by broadening the tax base works. and you can -- >> but you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> what's your response to that answer, steve, just the whole series of back and forth there? >> i think that really that's the wrong argument to have if you're paul ryan. >> what do you mean that's the wrong argument? he's the numbers guy. he's the fiscal responsible face of the republican party, what other -- is he supposed to be on the front line for foreign policy? this was supposed to be his game. why is that the wrong argument? >> i didn't say it was the wrong issue. i said the wrong argument. those are two different things. >> okay. >> to me he's accepting the premise of the questions that taxing and spending and how big the government is and the role of
the cut in tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. we're going to get to that. >> lowering tax rates by broadening the tax base works. and you can -- >> but you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> what's your...
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in an interview, romney was pressed for specifics on his tax plan. after ryan said on fox news on sunday the math would take too long to explain. >> you could say everybody is going to get up to a $70,000 deduction and can use your charitable deduction or home mortgage deduction or others. and you can fill that bucket if you will, the $17,000 bucket that way and higher income people might have a lower number. or you could do it by the same method that boll simpson did it. but that's the sort of thing you do with congress. >> so that's the most detail we have heard romney talk about this idea of different buckets and a cap on deductions. but still it's been at nearly every stop in the the last two weeks. romney has had to explain the 47% remark. don't be surprised if we hear a version of this answer when it comes up wednesday night. >> if you could go back to that fundraiser, would you have said it differently? >> it's not productive for someone to get into the detail of how a campaign is going to cop l together the people i need to win an election. i
in an interview, romney was pressed for specifics on his tax plan. after ryan said on fox news on sunday the math would take too long to explain. >> you could say everybody is going to get up to a $70,000 deduction and can use your charitable deduction or home mortgage deduction or others. and you can fill that bucket if you will, the $17,000 bucket that way and higher income people might have a lower number. or you could do it by the same method that boll simpson did it. but that's the...
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asked if woe release more taxes. there needs to be some kind of tax question tonight because the reality is that a lot of folks don't earn very much money in places here like denver are paying a higher percentage of their income than romney. romney believes there should be lower rates for investments but hasn't explained why it is fair that he pays a lower rate. >> quick on your list of questions, many have been asked to the candidates at some point or certainly, prepared to answer. will you be stunned if the questions on the stimulus on the case of the president or taxes, to romney, go unanswered without the candidate being specific? >> well, i won't be surprised at all but the nice thing about a debate is that i think the moderator, jim lehrer, is going to take a step back and allow the clash between the candidates. i think if romney gives a nonanswer to that question we just talked about obama will say, no, answer that question and that will generate an exciting back and forth and make for a great debate. sfeefrnl
asked if woe release more taxes. there needs to be some kind of tax question tonight because the reality is that a lot of folks don't earn very much money in places here like denver are paying a higher percentage of their income than romney. romney believes there should be lower rates for investments but hasn't explained why it is fair that he pays a lower rate. >> quick on your list of questions, many have been asked to the candidates at some point or certainly, prepared to answer. will...
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to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can, given the size of it and given his promise of not letting it become a tax cut for the rich. that's what romney did last night. every time obama said you have a $5 trillion tax cut, he said no i don't. the truth is we don't know what it is. as he's running for president, i think it's information that we're frankly entitled to. >> let me play another clip. the president criticized romney for a lack of specifics in the tax plan and wall street reform and health care. that's how that went down. >> my experience as a governor
to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can,...
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to disclose very much about his own taxes. we still don't know what romney was paying in 2005, 2006, how many tax shelters he has. these are not things the average american relates to. and theyon't believe that he has a plan for helping them. >> they released a new -- i want you to respond to this ad because this is the kind of ad you run when you're losing. at least losing an argument. eyeathd, his. romney people today. it appears to be an effort to contain the damage done by what you just said, cynthia, 47% disclosure they didn't want to disclose. let's listen. >> president obama and i both care about poor d middle class famili. diens,poes will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. w pe onfas assi by who is the story man they're trying to argue with? >> they are trying to make a caricature out of president obama calling him the food stamp president. this reminds me o
to disclose very much about his own taxes. we still don't know what romney was paying in 2005, 2006, how many tax shelters he has. these are not things the average american relates to. and theyon't believe that he has a plan for helping them. >> they released a new -- i want you to respond to this ad because this is the kind of ad you run when you're losing. at least losing an argument. eyeathd, his. romney people today. it appears to be an effort to contain the damage done by what you...
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taxes and cut everyone's income tax by 20%. the math doesn't seem to add up there. the other striking thing being he picked paul ryan, the man known for putting out -- at least more details than mitt romney, but he has not embraced. ryanism to me, at least, the core is we're going to be detailed about what conservative policy means. romney's not embraced that at all. >> good luck tonight. thank you both. new next, tick tock, tick tock. let's clear the air from a mile up. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with
taxes and cut everyone's income tax by 20%. the math doesn't seem to add up there. the other striking thing being he picked paul ryan, the man known for putting out -- at least more details than mitt romney, but he has not embraced. ryanism to me, at least, the core is we're going to be detailed about what conservative policy means. romney's not embraced that at all. >> good luck tonight. thank you both. new next, tick tock, tick tock. let's clear the air from a mile up. look, if you have...
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. >> on one hand, obama's idea, economic patriotism appears to be selling tax hikes on the wealthy, more government spending on infrastructure, also the centerpiece of a new tv ad that has the feel of a campaign closing argument. >> it is time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class. >> but don't let it escape you that this economic patriotism line is also an implicit hit on romney. we first hird it from ted strickland during his speech which was a rough one at the democratic convention. >> mitt has so little economic patriotism that even his money needs a passport. it summers on the beaches of the came and islands and winters on the slopes of the swiss alps. >> when it comes to next wednesday's debate, both are trying to prove their candidate will be the least articulate gap prone guy on stage. >> the president is an eloquent, gifted speaker, he will do just fine. >> mitt romney has an advantage, he has been through 20 debates in the primaries in the last year. >> barack obama is an effective debater. >> go
. >> on one hand, obama's idea, economic patriotism appears to be selling tax hikes on the wealthy, more government spending on infrastructure, also the centerpiece of a new tv ad that has the feel of a campaign closing argument. >> it is time for a new economic patriotism, rooted in the belief that growing our economy begins with a strong, thriving middle class. >> but don't let it escape you that this economic patriotism line is also an implicit hit on romney. we first hird...
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tax. i'm embracing the fair tax. i think it's really the answer when it comes to american jobs. in a zero corporate tax rate, it would create millions of jobs. >> cenk: you were doing so well to the end. [ laughing ] >> cenk: really, really, we'll get to the massive disagreement in a second. but 80% of what you said in the beginning is so much more progressive than a democratic candidate, it makes you wonder if there is something wrong with our system? you're a funny person to ask because you're running on the libertarian party but are you surprised that the democratic candidate is so far to the right of you on so many issues? >> well, the fact that i'm more liberal than obama on many issues, and i'm a lot more conservative than romney on a whole bunch of issues. dollars and cents on the republican side and social issues on the democrat side in. >> cenk: what happened to the democratic party when the libertarians are so much more liberal on 80% of the issues. >> i what happened to the repu
tax. i'm embracing the fair tax. i think it's really the answer when it comes to american jobs. in a zero corporate tax rate, it would create millions of jobs. >> cenk: you were doing so well to the end. [ laughing ] >> cenk: really, really, we'll get to the massive disagreement in a second. but 80% of what you said in the beginning is so much more progressive than a democratic candidate, it makes you wonder if there is something wrong with our system? you're a funny person to ask...
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all the tax hikes. the president's health-care law is driving up costs. it is making it harder for small possesses to expand and hire -- businesses to expand and hire. let's rearepeal obamacare and replace it with common sense reforms that protect american access to care they need from the doctor they choose at a lower cost. we need to look at rainy and all the excess of red tape that is making it harder to work and do business. these ideas are in my job plan. republicans have common-sense proposals to remove these. president obama puts governments first. he wants to raise taxes on small businesses. he wants to keep our energy races under lock and key including the keystone xl pipeline. he wants more spending that will put us in debt to china. more of the same. where are the jobs that no wonder jobs are fleeing overseas. let's bring those jobs home, back to america, back to local businesses. there is one more thing i tell people. i tell them i have made restoring the american dream my life work. without
all the tax hikes. the president's health-care law is driving up costs. it is making it harder for small possesses to expand and hire -- businesses to expand and hire. let's rearepeal obamacare and replace it with common sense reforms that protect american access to care they need from the doctor they choose at a lower cost. we need to look at rainy and all the excess of red tape that is making it harder to work and do business. these ideas are in my job plan. republicans have common-sense...
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as it relates to his tax plan, he has said very clearly that, a, he wants to cut certain tax loopholes, b, he wants to keep the bush era tax cut rates in place, and c, we need to make sure we can work with congress in a bipartisan fashion to get it done. i think that's very fair, i think it's a question that will be asked of him tomorrow by jim lehrer. >> it's also been deemed as mathematically impossible. thank you. as the candidates gear up, we are headed to denver. we will broadcast live from the university of denver, so be sure to tune in tomorrow, 4:00 p.m. eastern. >>> next, the 47 and bain. sure to take center stage tomorrow. stay with us. >> you haven't given me the math. >> but, well, i don't have the time -- it would take me too lock to go through all the math. >> great answer. why? it's a great answer. why is it a great answer? well, it would take me too long to explain, but trust me, it was a great answer. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet.
as it relates to his tax plan, he has said very clearly that, a, he wants to cut certain tax loopholes, b, he wants to keep the bush era tax cut rates in place, and c, we need to make sure we can work with congress in a bipartisan fashion to get it done. i think that's very fair, i think it's a question that will be asked of him tomorrow by jim lehrer. >> it's also been deemed as mathematically impossible. thank you. as the candidates gear up, we are headed to denver. we will broadcast...
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we cut income taxes, we cut the property taxes, the inheritance tax, the gift tax and we created 742,000 jobs. that's what we did in wisconsin. what they did in washington they got 23 million people unemployed and underemployed. that's their accomplishment. pleat difference of philosophy and direction between my opponent and myself. >> our next question is from lisa, directed first to governor thompson. >> this might be something we can all agree on. the approval ratings of congress can't get much worse than it is right now. the lack of productivity would be a problem for the rest of us in our jobs. most people believe things have to change in the way congress operates. do you believe any change to the structure, for example, term limits, or the 60% filibuster rule in the senate, do you think any changes should be made? if so, please name them specifically. >> well, listen, first off, what you've got to do is sit town and talk. when i was governor and the democrats controlled the legislature in both houses for 12 1/2 out of my 14 year well, plibbed great things. why? because i sat down w
we cut income taxes, we cut the property taxes, the inheritance tax, the gift tax and we created 742,000 jobs. that's what we did in wisconsin. what they did in washington they got 23 million people unemployed and underemployed. that's their accomplishment. pleat difference of philosophy and direction between my opponent and myself. >> our next question is from lisa, directed first to governor thompson. >> this might be something we can all agree on. the approval ratings of congress...
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you didn't have any of the bare necessities. >> ri
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- you haven't given me the math. >> i don't have the time -- it would take me too long to go through all of the math. let me say it this way, you can lower tax rates by 20% across the board, by closing loopholes and still have preferences for the middle class for things like charitable deductions for home purchases, for health care. >> where is the math? and is mitt romney going to be under pressure in this debate to produce the specifics as to how it will all add up? >> well, andrea, first that's a laughable question. where's the president's plan? he's had four years, 23 million people don't have work. so let's start with that. >> the question was asked by -- the question was asked by chris wallace on fox, being asked by other republicans, where is the math, how do you add up those tax cuts, even eliminating some deductions, which deductions would you eliminate, let's be specific and how will you do that and reach deficit reduction, which programs wil
. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- you haven't given me the math. >> i don't have the time -- it would take me too long to go through all of the math. let me say it this way, you can lower tax rates by 20% across the board, by closing loopholes and still have preferences for the middle class for things like charitable deductions for home purchases, for health care. >> where is the math? and is mitt romney going to...
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the tax plan still doesn't add up. the question for him is whether or not he's able to obscure o that on the stage tonight. >> ezra. thank you. so chris hayes, do we end up in a mega-audience version of paul ryan saying this weekend, i don't really have the time to give you the numbers. i'd bore you if i gave you the math. >> that, to me, is the most fascinating element in this debate. is that he has said time and time again, mitt romney even said at one point, look, i learned from governor christie, if you give people details, they just use it to attack you. he has said explicitly as a matter of strategy, we won't give you more details. so how long can he avoid details on stage with the president for 90 minutes. and the other problem, it's not just bain, it's not just fact that this is the wealthiest man to run for president, well, in nominal dollars, ever, but in real dollars, in a long time. but he is proposing the same thing that republicans always propose when they get into office. the one reliable policy you can
the tax plan still doesn't add up. the question for him is whether or not he's able to obscure o that on the stage tonight. >> ezra. thank you. so chris hayes, do we end up in a mega-audience version of paul ryan saying this weekend, i don't really have the time to give you the numbers. i'd bore you if i gave you the math. >> that, to me, is the most fascinating element in this debate. is that he has said time and time again, mitt romney even said at one point, look, i learned from...
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tax credit. a lot of people have moved to thinking that's a really viable way of thinking about campaigns, political scientists put out a couple years ago a project called the aging, reforming the age of network campaigns. some of the congressional legislation, empower citizens act that was just introduced are really based on that model. so small donors are really still a viable way of building a campaign. .. >> will be a bipartisan project again? for years and years it was, there's a great legacy of that. before there was mccain-feingold, there was goldwater-boar ran representing fairly conservative republicans as well as, as well as liberal, as well as more moderate ones. that's not the case right now. even b the disclose act a lot of conservatives used to say they were for disclosure but nothing else, even the disclose act now has zero republican cosponsors. it had two in the previous, in the previous congress. but it's possible, i think, after a significant shake-up in this election, maybe af
tax credit. a lot of people have moved to thinking that's a really viable way of thinking about campaigns, political scientists put out a couple years ago a project called the aging, reforming the age of network campaigns. some of the congressional legislation, empower citizens act that was just introduced are really based on that model. so small donors are really still a viable way of building a campaign. .. >> will be a bipartisan project again? for years and years it was, there's a...
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will probably be around tax reform and spending. if we can get through the next year, something along the lines of the simpson-bowles deal, lowering the rate and broadening the base, the target on spending of the next in years, something between the rhineland and simpson-bowles, and then have energy policy. i think natural gas will be the most powerful boon to our nation's bottom line than we have seen in probably two decades and could very well established a review of our manufacturing muscle in this country and what our expectations ought to be going forward. i think it will be hugely consequential, economically. that is just an example of maybe three things that could be allies, without wandering off into all the reform areas. probably not realistic, given the reality of the political constraints over the next many months. >> we all tend to project the recent past into the future. there has been a lot of legislation passed in the last 20 years. there is right in 1981, obviously, with his initial budget. reagan 1986, tax reform, g
will probably be around tax reform and spending. if we can get through the next year, something along the lines of the simpson-bowles deal, lowering the rate and broadening the base, the target on spending of the next in years, something between the rhineland and simpson-bowles, and then have energy policy. i think natural gas will be the most powerful boon to our nation's bottom line than we have seen in probably two decades and could very well established a review of our manufacturing muscle...
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lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning. >>> 8 minutes to the top of the hour. a dog finding himself in an unwanted joy ride. how he became stuck under the hood. >> can you figure out our word of the day? stick around for the answer. we sa that last tide commercial with the parts and the cute litt baby triplets... well wait until your triplets move back home after colle. we were enjoying our empty nest. and now it's just a nest full of laundry lucky underwear. we were going through so much of that bargain detergent... and the clothes didn't look as good. but since we switched to tide, we use much less. their clothes are lookin
lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning....
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what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a math problem. they can't pay for it. if they can't pay for it, then they are going to raise taxes on the middle class. that's what the economic studies have shown. and look, i don't know anybody who thinks we're another tax cut for a millionaire away from a stronger middle class. that's just not how we have built our economy before and it's not how we're going to continue to make our country on the debate moderator to do itill ?e present be >> ihink the debate morato think the president will push back pticularly on some of thes
what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a...
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i pay 5% income tax -- tax on income versus 35% back in 3 2008. this president has done nothing to stimulate the economy for the small businessman. we had to reduce our employees. i would love to step up my employees again by cannot do witit. his motivation is stimulating jobs in the government, not in business. it is the business jobs that pay the taxes that allow for the government jobs. host: maria bartiromo? hearinghis is what i'm across the board from business people today. it is the cost of health care. the cost of regulation. it does feel like an ideology to make government bigger and not necessarily do enough for businesses to feel like they want to or can hire new workers. this will be a problem. we have to ask ourselves, what is the priority in this country? is the priority to create jobs? if that is the priority, we need to come up with ways to do that . that does not include scare tactics and taxes are going to go up. this is not a red or blue situation. this is about money. this is about encouraging businesses to put money to work and
i pay 5% income tax -- tax on income versus 35% back in 3 2008. this president has done nothing to stimulate the economy for the small businessman. we had to reduce our employees. i would love to step up my employees again by cannot do witit. his motivation is stimulating jobs in the government, not in business. it is the business jobs that pay the taxes that allow for the government jobs. host: maria bartiromo? hearinghis is what i'm across the board from business people today. it is the cost...
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we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him? that he was serious about the big reagan-like cut in taxes. >>guest: my discussions is he understands we are competing and he knows we have to reduce our taxes. >>neil: who was he reaching out to? >>guest: you have to ask him. >>neil: independent voters? >>guest: he understands we are competing and he understands we have to have he we are taxes. if we have more jobs in america, and we want american businesses to do well, we have to is lower taxes than the rest of the developed world. if we don't, brings are going to go out of this country. >>neil: as a former health car
we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him?...
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believe it or not, they didn't have an answer to the tax question. they didn't have a good answer to the bain capital question. and governor romney made stumble after stumble and it pains me to say that, because when we were governors together, i liked him and he helped me form late pennsylvania's health care plan, but he's just -- his performance has been almost shock during this campaign. >> almost shocking. governor ed rendell, thank you so much, robert traynham, always a pleasure. appreciate you guys spending some of your saturday afternoon with us. let you get back to football. >> thanks, craig. >>> vice presidential candidate paul ryan in the battleground state of new hampshire. today with our latest polls showing romney trailing there, is there something that the republican ticket can do to turn it around specifically in the granite state. this is something we like to do on the weekends, we dig deep into these specific states. we're going to go into new hampshire, next. s copies of my acceptance speech. great! it's always good to have a backup
believe it or not, they didn't have an answer to the tax question. they didn't have a good answer to the bain capital question. and governor romney made stumble after stumble and it pains me to say that, because when we were governors together, i liked him and he helped me form late pennsylvania's health care plan, but he's just -- his performance has been almost shock during this campaign. >> almost shocking. governor ed rendell, thank you so much, robert traynham, always a pleasure....
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embrace the cut, gone on the offense of the tax cut if i was mitt romney. at one point after mitt romney said, look, mr. president, what you say is not true. it's not the case that it will necessarily result in a tax hike for the middle class. he said it three times, and the last time, president obama said, okay, because there's a new -- there's a column written by by colleague at the weekly standard who interview the the director who came up with the original study that found that was going to result in a middle class tax hike and said, in fact, no, it doesn't mean there's a mitt l class tax hike, a significant reversal suggesting the obama camp is not on solid ground making the claim. gerri: one possible explanation. bob woodward said, wow, you know what might have happened? the president got bad foreign affairs information before the debate. doug, are you buying that? >> not at all. presidents compartmentalize, the correspondent's dinner, the president told joke and the next day, a successful raid on bin laden. gerri: no excuses? >> no excuses. gerri: th
embrace the cut, gone on the offense of the tax cut if i was mitt romney. at one point after mitt romney said, look, mr. president, what you say is not true. it's not the case that it will necessarily result in a tax hike for the middle class. he said it three times, and the last time, president obama said, okay, because there's a new -- there's a column written by by colleague at the weekly standard who interview the the director who came up with the original study that found that was going to...
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cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating. how this the have a compelling message the shambles of the middle-class? >> he is not afraid of the truth he does not want the american people to know the work force is shrinking and it is more profitable for the american people to be on the dole and for them to go out to work that has made the workforce shrink and make it smaller. >> how does governor romney convince the people that are watching and make it compelling he could change the destiny of the correction and of the country within two minutes or maybe the rebuttal? >> he doe
cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating....
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Sep 26, 2012
09/12
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we have the highest taxes in the world. we tax income twice. that's where we need to get into tax reform. >> all right, we have to go back to mike with another question. >> mr. charlie bass, what is the federal government's role? >> support retraining funds when some of our paper mills have closed down. i also worked on getting the old virgin smell converted into a renewable energy woodchip fired power plant that could involve some interaction on the part of the managing of the company with opportunities that may exist at the state and local level for financing. the relationship between an employer and employees is a very special one and it is not necessarily derived from washington or some program. small employers look round around the community and technical colleges and they look to other places to provide education internal training programs so they can recruit people into their company and they get to deduct those from their taxes. i certainly think it is important to have a level of federal involvement and federal training. the real relat
we have the highest taxes in the world. we tax income twice. that's where we need to get into tax reform. >> all right, we have to go back to mike with another question. >> mr. charlie bass, what is the federal government's role? >> support retraining funds when some of our paper mills have closed down. i also worked on getting the old virgin smell converted into a renewable energy woodchip fired power plant that could involve some interaction on the part of the managing of...
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Sep 30, 2012
09/12
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, proposition 31 raise the income tax for people making more than $250,000 a year and raise sales taxes. general motors recalls more than 30,000 cars in warm weather states, the company says a plastic part can crack from skeet and cause a fuel leak and fire. the recall includes all 2007- 2009 models of the chevrolet cobol and surely equinoxes and pontiac suvs and all 2007 saturn ion a sedans gm will repair cars for free. a look at women voters how wide is the gender gap between mitt romney and president obama and why. >>> a rough outing for fisherman they got caught in this >>> five weeks until election day mitt romney awards are to female voters and their concerns about the deficit and how it impacts the future of their household's sharyl attkisson shows us which candidate women prefer. >>> your share of obama's debt is $50,000 >>> and an ad released this week to romney campaign spoke directly to women pointing to the economy as the key concern she agrees growing debt our greatest worry. >>> the market crashed we end up in home too small for us >>> a stay at home mom with three kids sh
, proposition 31 raise the income tax for people making more than $250,000 a year and raise sales taxes. general motors recalls more than 30,000 cars in warm weather states, the company says a plastic part can crack from skeet and cause a fuel leak and fire. the recall includes all 2007- 2009 models of the chevrolet cobol and surely equinoxes and pontiac suvs and all 2007 saturn ion a sedans gm will repair cars for free. a look at women voters how wide is the gender gap between mitt romney and...
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Sep 27, 2012
09/12
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not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and many others, we have picked losers. but there are so many technologies that have been developed is gps, the internet, but that is a research and development area handed over from the private sector. that is where the debate takes place. liz: so overall instead of going into very young industries and say here, let's help this country over that one, it is helping the idea? >> research and development. one of the reasons most of us have supported research and development was whatever area or sector of our economy is it has proven to be incredibly beneficial. many national laboratories have produced
not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case of solyndra and many others, we have...
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we're going to do it by giving tax breaks to companies that bring tax breaks back to america, not companies that take factories out of america. we are going to continue to knock down those barriers that exist around the world saying no american goods here. we are going to level the playing field. and guess what, folks, as i go around the world -- i have traveled over 600,000 miles since i have been vice president -- people are looking to buy the best products. and those products have "made in america" stamped on them. if we knock it down, they will buy it. [cheers and applause] we are going to cut our oil imports in half by 2020, produce more american-made energy from oil, natural gas, clean coal, biofuel. ladies and gentlemen, a lot of people do not understand this. i love to hear them talk about their energy policy -- which is drill, baby, drill. let me tell you something. you all realize there are more gas and oil rigs pumping today than all the rest of the rigs in the entire rest of the world. do you know that? that's a fact. that's why we are importing less than we have in decades. tha
we're going to do it by giving tax breaks to companies that bring tax breaks back to america, not companies that take factories out of america. we are going to continue to knock down those barriers that exist around the world saying no american goods here. we are going to level the playing field. and guess what, folks, as i go around the world -- i have traveled over 600,000 miles since i have been vice president -- people are looking to buy the best products. and those products have "made...
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Oct 4, 2012
10/12
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he would repeal the alternative minimum tax and the estate tax. the snon-partisan tax said it would cost $4.8 trillion over ten years. romney said his plan would be paid for. to pay for the cuts, he would have to close loopholes in the tax codes and get red of deductions and credits. he hasn't said which he'd get rid of, saying he would work with congress. president obama said his plan would cut the deficit by $4 trillion. >> we all know we have to do more. so, i put forward a specific $4 trillion deficit reduction plan. it's on a website. you can look at all the numbers, what cuts we make and what revenue we raise. >> that comes from the budget and policy priorities. the president is counting money saved by letting the bush tax cuts expire for people making more than $250,000 a year. he's counting $1 trillion in savings but cutting down the wars in iraq and afghanistan. the committee for responsible budget called that a gimmick. they were deficit financed in the first place. the president is counting on savings from last year when the white house
he would repeal the alternative minimum tax and the estate tax. the snon-partisan tax said it would cost $4.8 trillion over ten years. romney said his plan would be paid for. to pay for the cuts, he would have to close loopholes in the tax codes and get red of deductions and credits. he hasn't said which he'd get rid of, saying he would work with congress. president obama said his plan would cut the deficit by $4 trillion. >> we all know we have to do more. so, i put forward a specific $4...
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Oct 2, 2012
10/12
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the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100 years ago, and it is headed to 37% on autopilot. these people live in a dream world. >> let me read you two quotes. democrats and republicans blame each other. nobody steps up to the plate and accept responsibility for anything. this city, washington, d.c., we're giving a national press club speech from this city has become a town of media stunt man who posture, creek images, talk, she got off roman candles, but do not accomplish anything. i am wondering if you think you could utter them today in 2012 and they would make just
the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100...
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Oct 1, 2012
10/12
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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if they can't pay for it to provide the tax cut for the rich then they're going to raise taxes on the middle class. that's what the economic studies have shown. look, i don't know anybody who thinks we' we're another tax cu a millionaire away from a stronger middle class. >> watch ed schultz every night at 8:00 p.m. eastern on "the ed show" on msnbc. >>> a judge in pennsylvania has blocked the state's stricter voter inch d. law. ruling means that voters in pennsylvania will not have to show a state-approved i.d. to cast ballots on election day. the judge said he was concerned that the law could prevent some people from voting. the stricter voter i.d. laws in four states remain but tougher laws in at least six other states were either shelved or watered down, including those in a few swing states. >>> american airlines now says it knows why passenger seats broke loose causing a pair of emergency landings. they originally called for 8 of its aircraft to be inspected, later ordered 47 aircraft to be checked. they blame the problem on clamps that were not properly installed. they continue
if they can't pay for it to provide the tax cut for the rich then they're going to raise taxes on the middle class. that's what the economic studies have shown. look, i don't know anybody who thinks we' we're another tax cu a millionaire away from a stronger middle class. >> watch ed schultz every night at 8:00 p.m. eastern on "the ed show" on msnbc. >>> a judge in pennsylvania has blocked the state's stricter voter inch d. law. ruling means that voters in pennsylvania...